09-10-84 Council Meeting Minutes

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REGULAR MEETING SEPTEMBER 10, 1984 known as 2301 -2303 Bendix Drive, South Bend, Indiana, and which is more particularly described by a line drawn as follows: A part of the South east Quarter of Section 28, Township 38 North, Range 2 East, German Township, St. Joseph County, Indiana described as follows: Commencing at the southeast corner of said Section; thence North 90 degress 00 minutes 00 seconds West 470 feet along the south line of said section; thence North 0 degrees 00 minutes 00 seconds West 40 feet to a point on the north boundary of Lathrop Street, said point being the point of beginning of this description: thence North 0 degrees 00 minutes 00 seconds West 749.36 feet; thence Southeasterly 540.34 feet along an arc to the right having a radius of 506.47 feet and subtended by a long chord having a bearing of South 56 degrees 32 minutes 00 seconds East and a length of 515.09 feet to the West boundary of Bendix Drive; thence South 0 degrees 02 minutes 06 seconds East 435.34 feet along said boundary; thence South 44 degrees 54 minutes 22 seconds West 42.43 feet to the north boundary of Lathrop Street; thence North 90 degrees 00 minutes 00 seconds West 400.00 feet along said north boundary to the point of beginning and containing 6.545 acres, more or less. The above described tract of land is subject to a perpetual easement 40 eet in width off the entire northeast side in favor of Chicago South Shore and South Bend Railraod. Also, a perpetual easement 10 feet in width lying adjacent to and south of the above described 40 foot wide easement in favor of Indiana Bell Telephone Company. The bearing of the south line of the southeast quarter of Section 28 is assumed North 90 degrees 00 minutes 00 seconds West. be designated as an Economic Revitalization Area under the provisions of Indiana Code 6 -1.1- 12.1 -1, et seq.; and WHEREAS, the Redevelopment Commission has concluded an investigation and prepared a report with information sufficient for the Common Council to determine that the area qualifies as an Economic Revitalization Area under Indiana Code 6 -1.1- 12.1 -1, et seq., and has further prepared maps and plats showing the boundaries and such other information as required by law of the area in question; and WHEREAS, the Human Resources and Economic Development Committee of the Common Council has reviewed said report and recommended to the Common Council that the area qualifies as an Economic Revitalization Area. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, Indiana, as follows: SECTION I. That the Common Council hereby accepts the report and recommendation of the Human Resources and Economic Development Committee that the area herein described be designated an Economic Revitalization Area and hereby adopts a Resolution designating this area as an Economic Revitalization Area for purposes of Real property tax abatement. SECTION II. That this designation shall be limited to five (5) calendar years from the date of the adoption of this Resolution by the Common Council. SECTION III. That the Common Council directs the City Clerk to cause notice of the adoption of this resolution to be published, said publication providing notice of the resolution to be published, said publication providing notice of the public hearing before the Common Council on said declaration. SECTION IV. This resolution shall be in full force and effect from and after its adoption by the Common Council and approval by the Mayor. Is/ Ann Puzello Member of the Common Council A public hearing was held on the resolution at this time. Thomas Gibson, of the Holladay Corporation, indicated they planned to build a facility to be leased to Clark Equipment. He indicated 32 new jobs will be created. Council Member Serge made a motion to adopt this resolution, seconded by Council Member Taylor. The resolution was adopted by a roll call vote of nine ayes. RESOLUTION NO. 1200 -84 AN INDUCEMENT RESOLUTION OF THE CITY OF SOUTH BEND, INDIANA RELATING TO: WHITEFORD NATIONALEASE, INC. PROJECT. WHEREAS, at the present time there are insufficient employment opportunities and insufficient diversification of business, commerce and industry in and near the City of South Bend, Indiana (the "City "); and WHEREAS, the economic welfare of the City would be benefited by the acquisition and construction of economic development facilities in the corporate limits of the City pursuant to the provisions of Indiana Code 36 -7 -12 (the "Act "); and